The Swiss have a lot of government programs that support business. Only as of Jan 1, 2024, did they drop tariffs on industrial imports.
They have government departments that help sell swiss products abroad,
https://www.eda.admin.ch/countries/singapore/en/home/services/handelsfoerderung-unternehmen.html
They have an innovation department that funds and supports innovation in companies-
https://www.innosuisse.ch/inno/de/home.html
Some recent projects they funded, here, include electric vehicle batteries, computerisation of farms, magnetic rotors, artificial snowmaking, and much more.
https://www.innosuisse.ch/inno/de/home/erfolgsgeschichten/Projektbeispiele/innovationsprojekte.html
They fund projects to attract green businesses to Switzerland, they support trades training for 2/3 of the students in Switzerland, they have a gigantic government supported loan program to small businesses that assumes 65% of the debt in case of default.
There are dozens and dozens of Swiss government agencies that do things to support Swiss business, most of which exist in neither Uruguay nor Argentina.
There is, without a doubt, a single, government coordinated, Swiss Industrial Policy, built of intertwining laws, loans, regulations, schools, and support of business and Unions, both monetarily and governmentally, that helps Swiss Business.
"Free Markets" is an indefinable term, which means something different to everyone.
There is no market on earth that is 100% free, nor pretty much any that is free of corporations doing business. Even the Russians, the Burmese, and the Cubans have some corporate activity allowed. China is very capitalist and corporate, but hardly "free".
Every country decides to balance taxes, regulation, economic controls, social services, and support of local business.Its a spectrum. Argentina, under Peron, did a lot of things to support business and local production.
This is not a pro or anti Peron thing- its a fact. They did what they did for their own political reasons, but the result is that there is an industrial base in Argentina, which I support keeping, rather than opening to foreign imports without any oversight.